Gull Khan

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Month: December 2019

Cash flow 101: What You Need to Know About Financial Flow

Cash flow is an essential part of living.

Whether it’s for personal finance or business, you need to learn and understand how the money flows in and out of your life.

The problem is, most people avoid looking at their money. Because of this fear, they become adamant about learning how to improve their cash flow. 

So today, I will be talking about cash flow and how you could improve yours. 

Let’s get started. 

cash flow 101


What is cash flow?


Cash flow is the movement of money and assets in your business, according to The Balance. 

Ideally, cash flow should go both ways. But if not done right, it can go right out of your hands.

Cash coming in from customers or clients is considered as accounts receivable. Money coming out in the form of payments like expenses, loans, and rent is called accounts payable. 

Accounts receivables are considered as business assets due to their value. It is the total amount owed to you for your products and services. 

On the other hand, accounts payable is all about the company’s obligations. If the payables outweigh the receivables, then it might mean you’re on a negative. 

The same goes for personal finance. 

As an individual, you should be doing cash flow analysis to see if you are truly doing well. This will also help you identify certain habits and beliefs you need to change to achieve abundance. 


Common Money Mistakes People Make 


We all have certain beliefs about money that affects the way we treat it. These beliefs also often dictate how abundance and wealth go into our lives. 

As a money mindset expert, I’ve spoken to so many people about their cash flow. And here are the top mistakes people often make. 


People avoid looking at their money


Some people are scared to look at their bank accounts. Some don’t even create a budget or monitor where their money goes. 

This behavior is also called financial denial. 

cash flow - financial denial

Most of the time, people with financial denial had early life experiences where they received mixed signals about money. 

They witnessed parents or guardians having issues with money. This results in a direct avoidance of money. 

They try to minimize money problems by refusing or denying to look at their bank statement and credit card bills. 

People who experience financial denial also experience guilt whenever they get money. 

They often have low self-esteem and have excessive risk aversions especially in investing activities. 


People are afraid of spending their money 


These people believe they don’t have enough money. Because of this, they resist spending if it’s not for necessities. 

While their bills are paid on time, they have a hard time spending money on what they like. 

They feel guilty about spending on things that make them happy. Because for them, money is not for fun. 

They also tend to stockpile money in order to feel a sense of security.


Compulsive Spenders 


This is one of the most recognizable money mistakes that people make. It’s also one of the most obvious disorder. 

These people spend too hastily. 

For them, shopping is a form of therapy. They spend to manage negative emotions such as depression and anxiety. 

They buy items even if they don’t need it. And even if they tell themselves to stop, they just can’t say no to the thrill of the next big sale. 


Financial Caregivers 


Also called financial enablers, these people always give others money whether they afford it or not. 

Financial caregivers often deal with children or extended family members. They often can’t say no whenever they’re asked for money. 

Most often it deals with parents who feel guilty for not spending time with their kids when they were younger. They may be using their wealth to make up for mistakes in the past. 

It’s also possible that they feel guilt or shame for having a better financial position in life.

Because of this, they are often put in an unfavorable position. It also stunts their family’s financial growth and independence. 

Learn more about money disorders here


Money blocks and financial flow 


It’s easy to think about wealth and money as something we use to get our wants and needs. 

The problem is, some find it difficult to create wealth and money because of certain beliefs they acquired growing up. 

Most of the beliefs we have about wealth and money come from people we trust. Some of them good, some bad. 

This creates an emotional connection between your subconscious mindset and money. This also causes blocks that prevent you from creating wealth and opportunities for yourself. 

So how do you know if you have a money block?

Here’s a quick task you can do. Take a piece of paper and pen, or a blank notepad on your computer and answer these questions: 

  • How does money make you feel?
  • What did you hear about money growing up? 
  • How do you feel when you get a sizeable amount of money? 
  • What do you do when you get money? 
  • How does saving money make you feel?
  • How does spending money make you feel?

Check your answers and see how you respond. Do you see any shame or guilt? 

The ultimate goal is to create a healthy relationship with money. And to have a good cash flow, you need to unblock your money blocks first. 

Want to learn more about unblocking money blocks and limiting beliefs? Check out my previous post here


Understanding your personal cash flow


Changing your money habits can be a huge challenge. But it doesn’t mean can’t be done. 

Like anything you want to change, the first thing you need to do is to be aware of how you’re doing. 

That’s why doing a cash flow analysis will help you identify your financial condition. This will also help you determine the changes you need to do to welcome abundance in your life. 

A personal cash flow statement helps you measure the ins and outs of your assets. This will help you understand your cash flow for a specific time. 

The money that comes in includes your salaries and interest from savings accounts. It also includes investment dividends and capital gains from financial securities. 

On the other hand, cash outflow represents all the money that goes out of your account. It includes utility fees, rent and mortgage, groceries, and everything else. 

Doing this will help you see whether you have a negative or positive cash flow. 

Positive cash flow means you’ve got more money coming in than what you’re spending. Negative cash flow means you’re spending more than earning. 

Here’s a free cash flow statement template you can use to get started. 


Three steps to improving cash flow and abundance 


You will know when you’re ready for abundance and wealth when you accept your current financial situation. 

Here are three steps to help you spend your money to have more money. 


Step 1: Open five bank accounts 


Creating multiple bank accounts will help you achieve the clarity you need. 

Being transparent with money makes it easier to track. At the same time, you’re building the habit of savings. 

It also helps you enjoy the fruits of your labor and gets rid of the guilt you feel when you’re spending money. 


Step 2: Label your accounts accordingly


The second step helps you identify your priorities. It also helps you feel more deserving of the money you earn. 

So here are the five labels to give to your accounts. 

  • Account for [Name} money – This is the money you dedicate for yourself and no one else. You also don’t spend nor share this amount. When the time is right, you can use this money to get investments like stocks and bonds. 

cash flow - fun money

  • Account for fun money – This account is for fun purchases you can make for yourself. You can use this money to buy yourself things to make you feel abundant. The money in this account shouldn’t be used to pay for bills or everyday expenses. 
  • Account for large purchases – This account is dedicated to huge purchases like house, cars, phones, or anything that would take you at least six months to save up for. 
  • Account for charity – This money is for helping others. You can use this account to share your blessings with the less fortunate. 
  • Account for debt payment/investment – This account can be used to pay for credit cards and other debts. Once it’s been paid off, you can then use it for investing activities.


Step 3: Be consistent on transferring money to these accounts before spending 


How much do you need to actually save to be financially free? 

Here’s your quick guide. 

If you’re living from paycheck to paycheck, all you need to do is transfer 1% of your income to each of the accounts. This leaves you with at least 95% of your income for normal living expenses. 

Are you up to date with your bills but struggling to save? 

Take 3-5% of your income and transfer it to each of the accounts. You’ll still be left with 85% of your salary and still get to put in money to the bank.  

If you feel like you’re living a comfortable life, then you can manage with 6-10% of your income to the five accounts. 

This will leave you with at least 50- 70% of your income for daily expenses. 

These steps were designed to help you start saving as a habit while living a comfortable life. It will also help you create golden opportunities that will improve your cash flow. 

Ready to take your life to the next level? Book a call with me and get started today. 

You can also join our FREE five-day challenge called MILLIONAIRE MINDSET MAKEOVER. 

Sign up here for the waitlist. 


The Power of Manifestation and How to Make it Work for You

Manifestation is a powerful process that you can use to help you achieve abundance in your life. 


Since ancient times, we’ve been doing manifestation practice consciously and unconsciously. Manifestation comes in different forms like meditation, rituals, and prayers. 

Some people think that the process of manifestation involves magic and voodoo. 

Truth is, manifestation empowers us. It gives us a sense of direction. 

Manifesting isn’t the challenge. We do it almost every day.

The real challenge is using manifestation to turn your dreams into reality. 

So today, I will be discussing manifestation, its meaning, and how to make it work for you. 

Manifestation and how it works


Manifestation meaning, origins, and early practice 


Merriam-webster defines manifestation as a perceptible, outward, or visible expression of thoughts, words, and actions. also defines it as a public display of emotion or feeling, or something theoretical that is made real. 

If you trace its roots, manifestation and the law of attraction goes back to ancient practices and Eastern teachings. 

Almost all religious leaders discuss the power of your mind, thoughts, and words. Even Buddha is believed to have said, “All that we are is the result of what we have thought.’

But it wasn’t until the 19th century when Madam Helena Petrovna Blavatsky coined the term, ‘law of attraction’. 

According to her, our thoughts and our identities define who we are and what we’re capable of. She also emphasized that we have the ability to shape our reality and unlock the power to move beyond our limitations. 

A 19th-century author, Thomas Troward shared the same sentiments as Madam Blavatsky. He said we will all benefit most when we combine teachings from a range of spiritual traditions. 

Their beliefs have led to contemporary works such as the works of William Walker Atkinson. He has written more than 100 books that talk about how to focus on strengthening willpower, improving focus, and developing magnetism for positivity into people’s lives.

This also led to more books like The Science of Getting Rich by Wallace Delois Wattles,  Think and Grow Rich by Napoleon Hill, and The Secret by Rhonda Byrne 


How Manifestation Works 


Neuropsychiatrist David Kreuger discusses the magic and science of neuroscience and its relationship to manifestation. 

According to him, the mind is an energy field that responds to what you focus on. This creates brain connections and creates energetic frequencies. 

These frequencies are more commonly known as vibrations. 

These vibrations are projected through our thoughts and emotions. It is the basis of our sense of well-being and the source of the things we attract. 

So how does manifestation work?

There are three parts of being a human: the mind, body, and spirit. These three elements work together to define your morals, beliefs, and who you are as a person. 

manifestation balance

Ideally, these elements should work in alignment to make sure you’re living a happy, healthy life. 

Unfortunately, that’s not always the case. 

Living in the physical world can give you stress, anxiety, and trauma. This can lead to a disconnect between the three, and result in frustration for you as a person. 

Our bodies usually manifest the thoughts happening in our minds and spirit. If it’s filled with negative energy, the body can manifest pains and even illnesses. 

Your thoughts and energy can affect your reality. So if you’re constantly feeding negativity into your life, then that’s what you’re going to attract. 

Manifestation is the product of your thoughts and actions. And to truly attract good things in your life, you must first clear your mind. You also need to unblock any negative energy and work on your limiting beliefs. 

Read more about the five common limiting beliefs here. 


Manifestation techniques you can use to get your goals 

As a money mindset expert, I always believe that money is the easiest to manifest 

The true challenge lies in clearing your blocks and identifying what you want to manifest. 

Here are a few questions to ask yourself when deciding on what to manifest: 

  • Is it something I desire in your heart of hearts?
  • What is the biggest benefit if I manifest this goal? 
  • Does it feel right for me if I achieve this? 
  • How will others benefit if I achieve this goal? 

Once you answer all these questions, the next step is to choose what you want to manifest. 

You have to have a strong desire for your goal, and believe with the strongest intent that it will happen. 

This strong intent will help you get rid of the blocks that will prevent you from reaching your goals. 

manifestations and affirmations

What are these blocks?

It includes negative mindsets and beliefs you’ve adapted. You also need to cut cords from toxic relationships that drain you of your energy. 

Patience and timing can also be blocks. Becoming impatient with yourself or the results can also waste all your efforts in manifestation. 

Napoleon Hill, author of Think and Grow Rich also talks about a formula that helps with manifestation. 

Here are his six steps to manifesting your desires. 

    1. Focus your attention on your goals. This includes being exact in your desires, like the amount of money you want or the look of that dream house. 
    2. Determine what you’re prepared to offer in exchange for what you want. 
    3. Set an exact date of when you intend for your desire to happen. This helps your goals be more measurable.
    4. Create a concrete plan and put that plan into immediate action
    5. Create a clear statement of what you manifest. Be exact with your desired goals, when you want to have it, and what you’re giving up to make it happen. 
    6. Read your written statement out loud every day. It’s best to say your statement aloud twice a day: one in the morning and another at night. It’s also important to claim it as done and act as if you’ve already achieved this goal.

Here’s a formula you can use for creating your manifestation statement according to Napoleon Hill.

I am grateful every day for the life I’m creating, where I have an income of (insert amount) by (date). I want this abundance so I could (purpose).

In exchange for (amount), I will provide (service). 


 Check out more about these manifestation steps here. 


Why you need a manifestation journal


A manifestation journal can help you keep track of your goals and see which of them has already been manifested. 

So how does it help you manifest? 

Journaling helps connect the conscious and subconscious and helps you identify limiting beliefs that may come up. 

manifestation - journaling

It also helps you analyze your perspective and provides a space for you to vent without judgment. 

A manifestation journal can also help you clear your head and improve self-awareness. 

And most of all, it makes your goals become real and tangible. 

After all, writing on paper is the first step of manifesting your goals from the inside out. The action of writing things down makes you more accountable to yourself as well. 




Manifestation is a powerful tool you can use to help you achieve your goals in life. 

This along with gratitude and discipline will give you the opportunity to create opportunities for yourself and for others. 

Want to start manifesting your best life yet? Check out my Millionaire Mindset Makeover Challenge. 

Sign up here to join the waiting list. 


5 Limiting Beliefs Around Money That You Need to Get Rid Of

We all have limiting beliefs.

It’s that small voice inside your head that makes you question your decisions. 

It’s that bit of fear that holds you back when you’re trying something new to change things up for the better. 

Sometimes it’s obvious, sometimes you need to dig deep and uncover them. 

But one thing is for certain. These limiting beliefs stop you from living the life you want and deserve. 

So today I will share with you some limiting beliefs especially when it comes to money.

5 Limiting Beliefs You Need to Get Rid Of


Identifying limiting beliefs 


As they say, it takes a village to raise a child.  And as we grow as a person, we develop certain belief systems that affect how we view the world. 

Psychology Today defines beliefs as a reality-making blueprint. It influences our perceptions, our definitions of morals, shapes our characters, and affects the kind of relationships we choose to have. 

It can also define your direction, determine your health, identify your passions, and affects the course of actions you take in your life. 

Many of these beliefs are handed down from family, community, and culture. 

Limiting beliefs - community

As a part of the social construct, you are conditioned to abide by certain rules, attitudes, mindsets, and other ways of responding to situations and scenarios that happened before. 

While these belief systems may have worked in the past, some of them may not be as good for you today. 

Most of these belief systems have inaccuracies and biased points of view. 

Some may be unique to a particular group, geographic area, historical period, or religious beliefs. 

Other beliefs may have come from traumatic events. These experience can have such a huge emotional impact that may be difficult to fully feel and release. 

These unprocessed emotional residues can remain in the body as somatic memories. It makes the experience so intense that the body often ‘relives’ the experience. 

This often results in emotional stress, energy blocks, and physical tensions that we feel in our mind and body. 

These traumas and experiences can be passed on from one generation to the next, establishing a behavior pattern that can be difficult to get rid of. 

Limiting beliefs also exists when it comes to our money mindset. 

There are tons of money mindsets from our parents, friends, and communities that might have sneaked its way into your belief systems. The irony is, we might not even be aware that we have them. 


5 Common Self-Limiting Beliefs You Might Not Know You Have 


As a money mindset expert, my goal is to help entrepreneurs break free from their limiting beliefs, reverse their money shame, and blast through their money blocks.  

And in my years of speaking with entrepreneurs, I’ve noticed that most of them are not fully aware of the self-limiting beliefs they have. 

Here is a list of limiting beliefs about money that they shared with me. 


I just don’t have the time 

Limiting beliefs - Too little time

This is the most common limiting belief we all have. We just don’t have the time. 

Ask anyone if he wants to be rich, and I’m sure you’ll get a 100% yes. But if you tell people what is required to get there, you’ll surely hear a different thing. 

Do you ever wonder how amazing people like Beyonce, Oprah, and Jeff Bezos achieve success? 

It’s because they make time to learn, to fail, to dream, and to take action. 

Time is the greatest equalizer. All of us only get 24 hours in a day. 

Successful people get to where they are because they choose to spend their time wisely. 

The question is, how do you spend yours?


I’m not that good at anything


Do you feel like everyone has a special thing, but you don’t? 

Like how this one person can be a wiz in the kitchen, or how your friend is so good at singing. Or how your rich friend seems to have the golden touch. 

You might think it’s something they were born with. Or they just had all the support they needed. Or because they got a head start in life. 

Let me break it to you, my lovely. Do you know why they’re so good at what they do? 

These “experts” were also once beginners. And they’re good at what they do is because of the time and patience they dedicated to their craft. 

They were willing to fail and do it all over again. Being bad at something didn’t stop them from wanting to pursue it. 

Instead, they focus on improving on what they can until they’re happy with the results.

So be a little kinder to yourself and start thinking of how you can be better in time. 


I don’t want to be greedy.

Limiting beliefs - money and greed

There’s a common notion that wanting money equates to being greedy. 

For so long, we’ve been taught that abundance is like a pie. Everyone is entitled to his share, but wanting more of it means less for others.  

This mindset has caused so many to want less than they deserve. Truth is, abundance is never-ending. There is more than enough for everyone. 

Wanting money means creating opportunities for yourself. And the more opportunities you create, the more you can help others also attain abundance. 


I’m too old to try something new and/or be successful.


Most people think that opportunities come when you’re young. But you know what, most millionaires and successful people took a while to hit their mark. 

I believe age is nothing but a number. What matters is how you feel and how you’re growing as you age. 

Starting a business when you’re older doesn’t make it easier. Instead, you are tons wiser and more mature, especially when dealing with the challenges of running a business. 

Check out the infographic below to see what I mean. 

Limiting belief - I'm too old


Being successful/having money changes people.


In my experience, money is like a magnifying glass. It doesn’t change who you are. Instead, it magnifies who you are. 

If you are good-natured, kind, and giving, then you will become more generous when you get to your goals. 

The same thing goes for the people you’re with. 

Don’t worry about people telling you you’ve changed because of your success. The right circle will be truly happy for you and cheer you on. 


Tips on Releasing Limiting Beliefs 


Releasing limiting beliefs takes consistency and patience. It also takes courage to acknowledge and accept them. 

The first thing you need to do is to discover the limiting beliefs that hold you back. For this, you would need to write it down to put it into a physical form. 

Next, you need to acknowledge that these limiting beliefs are just that: beliefs. It’s not an absolute truth. The good thing is, you can still change these beliefs to ones that are more favorable for you. 

The key is to analyze yourself and your past to know and understand why you hold these beliefs. 

Here are some questions you can ask yourself. 

  • How true is this belief for you? 
  • Has it stopped you from becoming a better version of yourself?
  • Why do you hold this belief? Was it told to you in childhood or spoken to you by an influential person in your life?
  • What are the valid reasons you must challenge these beliefs? 
  • How can you reframe your belief and turn it into a more positive one?


Once you have answered these questions, you will realize the huge impact of these belief systems in your life. 

It also helps you reflect on your potential and makes you realize how much of these are actually holding you back. 

Taking action and committing to it can help solidify your new belief systems. This will also lead you to a better, more abundant life. 

Read more about manifestation here.



Everyone has limiting beliefs about money and life. And unknowingly, these beliefs may just be the reason why you’re not progressing as far and as fast as you want. 

By recognizing these common self-limiting beliefs and accepting them, you are preparing yourself for the change you need. 

You are also unblocking the stream of abundance that you so much deserve. 

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